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Magnetix to Omani Rial (MAG to OMR)

MAG to OMR Converter and calculator

MAG/OMR: 1 MAG = 0.{4}2640 OMR. The price of converting 1 Magnetix (MAG) to Omani Rial (OMR) is 0.{4}2640 OMR today.
MAG
MAG
OMR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAG to OMR real-time exchange rates, making it easy to convert Magnetix (MAG) to Omani Rial (OMR). The conversion result is based on real-time data. The conversion result shows that 1 MAG is currently valued at 0.{4}2640 OMR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAG is currently valued at 0.{4}2640 OMR, which means buying 5 MAG would cost 0.0001320 OMR. Similarly, ر.ع.1 OMR can be converted to 37,875.74 MAG, and ر.ع.50 OMR can be converted to 189,378.68 MAG, excluding any platform or gas fees.

Convert MAG to OMR

Convert OMR to MAG

Magnetix
Omani Rial
1 MAG
0.{4}2640  OMR
Exchange 1 MAG for 0.{4}2640 OMR
2 MAG
0.{4}5280  OMR
Exchange 2 MAG for 0.{4}5280 OMR
5 MAG
0.0001320  OMR
Exchange 5 MAG for 0.0001320 OMR
10 MAG
0.0002640  OMR
Exchange 10 MAG for 0.0002640 OMR
20 MAG
0.0005280  OMR
Exchange 20 MAG for 0.0005280 OMR
50 MAG
0.001320  OMR
Exchange 50 MAG for 0.001320 OMR
100 MAG
0.002640  OMR
Exchange 100 MAG for 0.002640 OMR
200 MAG
0.005280  OMR
Exchange 200 MAG for 0.005280 OMR
500 MAG
0.01320  OMR
Exchange 500 MAG for 0.01320 OMR
1000 MAG
0.02640  OMR
Exchange 1000 MAG for 0.02640 OMR
5000 MAG
0.1320  OMR
Exchange 5000 MAG for 0.1320 OMR
10000 MAG
0.2640  OMR
Exchange 10000 MAG for 0.2640 OMR
In the table above, you'll find a comprehensive MAG to OMR converter that shows the value of Magnetix in Omani Rial across commonly used conversion amounts. The list covers conversions from 1 MAG to OMR, all the way up to 10000 MAG, providing a clear view of their respective values.
Omani Rial
Magnetix
1 OMR
37,875.74 MAG
Exchange 1 OMR for 37,875.74 MAG
10 OMR
378,757.36 MAG
Exchange 10 OMR for 378,757.36 MAG
50 OMR
1,893,786.82 MAG
Exchange 50 OMR for 1,893,786.82 MAG
100 OMR
3,787,573.63 MAG
Exchange 100 OMR for 3,787,573.63 MAG
200 OMR
7,575,147.26 MAG
Exchange 200 OMR for 7,575,147.26 MAG
500 OMR
18,937,868.16 MAG
Exchange 500 OMR for 18,937,868.16 MAG
1000 OMR
37,875,736.32 MAG
Exchange 1000 OMR for 37,875,736.32 MAG
2000 OMR
75,751,472.64 MAG
Exchange 2000 OMR for 75,751,472.64 MAG
5000 OMR
189,378,681.61 MAG
Exchange 5000 OMR for 189,378,681.61 MAG
10000 OMR
378,757,363.21 MAG
Exchange 10000 OMR for 378,757,363.21 MAG
50000 OMR
1,893,786,816.05 MAG
Exchange 50000 OMR for 1,893,786,816.05 MAG
100000 OMR
3,787,573,632.11 MAG
Exchange 100000 OMR for 3,787,573,632.11 MAG
In the table above, you'll find a comprehensive OMR to MAG converter that shows the value of Omani Rial in Magnetix across commonly used conversion amounts. The list covers conversions from 1 OMR to MAG, all the way up to 100000 OMR, providing a clear view of their respective values.

MAG to OMR chart

MAG/OMR: 1 MAG = 0.{4}2640 OMR; 2026/01/10 08:16:30
In the past 1D, Magnetix has changed -2.37% to OMR. Based on the trend and price charts, Magnetix(MAG) has changed -2.37% to OMR while Omani Rial(OMR) has changed % to MAG in the last 24 hours.
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MAG to OMR conversion data: Volatility and price changes of Magnetix in OMR

The highest Magnetix price in OMR over the past 7 days was 0.{4}2713 OMR while the lowest Magnetix price in OMR over the past 7 days was 0.{4}2532 OMR. The relative change between the highs and lows in Magnetix price in OMR over the last 7 days indicates a volatility of %. You can view additional volatility data and MAG to OMR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.{4}2704 OMR
0.{4}2713 OMR
0.{4}2713 OMR
0.{4}6962 OMR
Low
0.{4}2640 OMR
0.{4}2532 OMR
0.{4}2294 OMR
0.{4}2294 OMR
Average
0 OMR
0 OMR
0 OMR
0 OMR
Volatility
%
%
%
%
Change
-2.37%
+6.11%
-3.40%
-63.09%

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Bitget P2P trading does not currently support direct buying of MAG with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy MAG with USDT via Bitget spot market.
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Magnetix information

MAG to OMR market statistics

MAG/OMR:
ر.ع.0.{4}2640
MAG 24h volume:
--
MAG market cap:
--
MAG circulating supply:
0 MAG

Current MAG to OMR exchange rate

Magnetix to Omani Rial is rising this week.
Magnetix's current market price is ر.ع.0.--2640 per MAG, with a total market cap of ر.ع.0 OMR based on a circulating supply of {4} MAG. The trading volume of Magnetix has changed by 0.00% (ر.ع.0 OMR) in the last 24 hours. Last trading day, MAG's trading volume was ر.ع.0.

More info about Magnetix on Bitget

Omani Rial information

About Omani Rial (OMR)

The Omani Rial (OMR), introduced in 1973, is not only Oman's official currency but also a symbol of the nation's economic strength and cultural heritage. It is commonly abbreviated as OMR and represented by the symbol ر.ع. The Rial's introduction marked Oman's transition from the Indian Rupee and the Maria Theresa Thaler, symbolizing a new era of economic self-determination and modernization under Sultan Qaboos bin Said.

Historical Background

The adoption of the Omani Rial was a key step in Oman's post-colonial journey, reflecting the nation's aspiration to forge an independent economic identity. Replacing the Gulf Rupee, the Rial represented Oman's newfound economic independence and was instrumental in aligning its economy with international standards.

Design and Symbolism

The design of the Omani Rial is a celebration of Oman’s rich history and cultural heritage. Banknotes feature images of Sultan Qaboos, traditional Omani architecture, natural landmarks, and historical sites. These designs serve not only as a medium for financial transactions but also as reminders of Oman's heritage and the modern achievements under Sultan Qaboos’s reign.

Economic Role

The Omani Rial plays a crucial role in the nation’s economy, characterized by its substantial oil and gas reserves. As the primary currency, it underpins the oil sector, which is pivotal to Oman's economy, facilitating trade and investment and is vital for the country’s fiscal stability.

Monetary Policy and Stability

Managed by the Central Bank of Oman, the Rial is one of the highest-valued currencies in the world, reflecting Oman's economic stability and substantial hydrocarbon resources. The bank’s policies focus on maintaining the currency's value and stability, crucial for fostering a climate conducive to economic growth and investor confidence.

International Trade and the Omani Rial

The value of the Rial is significant in international trade, particularly for Oman's oil and gas exports. A stable and strong Rial is essential for maintaining competitive prices in the global market and attracting foreign investment in various sectors.

Remittances and the Economy

Remittances from Omanis working abroad and expatriates residing in Oman contribute to the country’s foreign exchange reserves. These inflows, exchanged into Rials, support the currency's stability and contribute to the national economy.

Bitget crypto-to-fiat exchange data shows that the most popular Magnetix currency pair is the MAG to OMR, with for Magnetix's currency code being MAG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

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How to convert MAG to OMR

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MAG to OMR Conversion tables

The exchange rate of Magnetix is decreasing.
The exchange rate of 1 MAG to Omani Rial has changed by +6.11% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.37%, reaching a high of 0.{4}2704 OMR and a low of 0.{4}2640 OMR . One month ago, the value of 1 MAG was ر.ع.0.{4}2733 OMR , which represents a -3.40% change from its current value. Over the last year, Magnetix has changed by
+ر.ع.
0.{4}2640OMR
, resulting in a change of -76.09% in its value.
24 hours ago1 month ago1 year ago
Amount 08:16 am today 24 hours ago 24h change
0.5 MAG
ر.ع.0.{4}1320ر.ع.0.{4}1352
-2.37%
1 MAG
ر.ع.0.{4}2640ر.ع.0.{4}2704
-2.37%
5 MAG
ر.ع.0.0001320ر.ع.0.0001352
-2.37%
10 MAG
ر.ع.0.0002640ر.ع.0.0002704
-2.37%
50 MAG
ر.ع.0.001320ر.ع.0.001352
-2.37%
100 MAG
ر.ع.0.002640ر.ع.0.002704
-2.37%
500 MAG
ر.ع.0.01320ر.ع.0.01352
-2.37%
1000 MAG
ر.ع.0.02640ر.ع.0.02704
-2.37%

MAG to OMR FAQ

How much is 1 Magnetix in OMR?
Right now, the price of 1 Magnetix (MAG) in Omani Rial (OMR) is ر.ع.0.{4}2640.
How much MAG can I buy for 1 OMR?
Based on the current exchange rate, you can get 37,875.74 MAG for 1 OMR.
How do I calculate or convert MAG to OMR?
You can use our MAG to OMR calculator at the top of this page to convert any amount of MAG to OMR. We've also included quick-reference tables for the most popular conversions. For example, 5 OMR is equivalent to 189,378.68 MAG, while 5 MAG will cost around 0.0001320OMR.
What is the highest price of MAG/OMR in history?
The all-time high price of 1 MAG in OMR is ر.ع.0.01379. It remains to be seen if the value of 1 MAG/OMR will exceed the current all-time high.
What is the price trend of Magnetix in OMR?
Over the past 7 days, the exchange rate of Magnetix (MAG) has gone up by 6.11%.   Over the last month, the exchange rate of Magnetix (MAG) has gone down by 3.40% against Omani Rial (OMR).

What factors influence the conversion rate of MAG to OMR?

There are many factors that affect the relationship between Magnetix and Omani Rial, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of MAG/OMR. When there is positive news in the market about the widespread adoption of MAG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAG/OMR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAG/OMR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of MAG/OMR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Magnetix and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Magnetix currency pairs: MAG to US Dollar (USD), MAG to Euro (EUR), MAG to Pound Sterling (GBP), MAG to Canadian Dollar (CAD), MAG to Indian Rupee (INR), MAG to Pakistani Rupee (PKR), MAG to Brazilian Real (BRL), MAG to…
The price of Magnetix in the US is $0.C$0.{4}95586867 USD. Additionally, Magnetix’s price is €0.{4}5901 EUR in the eurozone, £0.{4}5121 GBP in the UK, {4} CAD in Canada, ₹0.006198 INR in India, ₨0.01923 PKR in Pakistan, R$0.0003690 BRL in Brazil, and more.
The most popular Magnetix currency pair is the MAG to Omani Rial(OMR). The price of 1 Magnetix (MAG) in Omani Rial (OMR) is ر.ع.0.{4}2640.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
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